Price Action Trading Expert (Learn From Him!) - Al Brooks | Trader Interview
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- Опубликовано: 2 июн 2024
- Learn price action from Al Brooks' video course: desiretotrade.com/brookstrading
In this trader interview, I sit down with Al Brooks, the best price action trader I know of. Al is an absolute legend when it comes to price action. He wrote several books on his findings after studying and trading price action for several years.
Watch my previous interview with Al Brooks: • The Best Price Action ...
#PriceAction #AlBrooks #Scalping #PriceActionTrading
Chapters
00:00 Start
00:19 Introduction
00:51 What has Al Brooks been working on the past years
01:25 What is Al's view on the markets today
04:37 How can we identify market transitions
11:31 How to avoid losses using Price Action Trading
14:51 Why you lose money trying to get in at the top
20:00 How Al Brooks decides how to scale into trades for maximum profit
25:17 Why you should trade really small to get profitable
27:27 Al Brooks' opinions on A.I. vs Price Action Trading
32:05 Would A.I. removing emotions from trading make humans obsolete in trading?
38:38 Has Al Brooks slowed down his trading over time?
43:19 Should you study the markets alone or in a group?
46:49 Where to find Al Brooks
Twitter: @AlBrooksTrading
RUclips: @albrookstrading8578
Price Action Course: desiretotrade.com/brookstrading
// SOCIAL
Forex Trader Community (Facebook Group): d2t.link/FBgroup
Facebook: / desiretotrade
Twitter: @desiretotrade
IG: @etiennecrete
// TRADING MUST-HAVE RESOURCES
Forex Broker (Pepperstone): d2t.link/pepperstone
Forex Broker for Canada (Axi): d2t.link/axitrader
Best Platform: d2t.link/tradingview
Backtesting Tool: d2t.link/soft4fx
VPS (for algo trading): d2t.link/vps
Trading Journal: d2t.link/journal
// MUSIC
David Cutter Music - www.davidcuttermusic.com
Andrew Applepie - andrewapplepie.com/
// ABOUT ME
My name is Etienne Crete (from Montreal, Canada). I'm a swing Forex trader and help aspiring Forex traders develop a trading method that works for them so they can produce income allowing them to live with more freedom.
I blog at www.desiretotrade.com and host the Desire To Trade Podcast. I was fed up with the “fake” millionaire traders and the “get-rich-quick-trading guys”. That's why you can expect more free content from me than what other people charge for!
If you truly want to succeed in Forex trading, I believe you need to keep working on yourself so you can improve your strengths, but also your weaknesses. Do not focus solely on what you're good at.
// Disclaimer
This video expresses my personal opinion only. Forex trading is risky. Make sure you are ready to trade. Even this will not guarantee you positive results. I am not responsible for any losses incurred due to your trading or anything else. I do not recommend any specific trade or action.
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Развлечения
Al is of the greatest price action trader in the world. Thanks a million for your advice Sir !
I’m glad you liked this interview!
@@DesireToTRADE Merci pour tes vidéos et bonne continuation !
Al brooks is the only trader in those interviews that actually talks about trading
Glad you liked it!
He is the best scalper n very honest n smart
I know. How crazy is that lol
@@Twon808 it's great and not crazy
I love listening to Al. So practical. Nothing comes easy - nothing in life comes easy. If the money comes easy, then it will likely leave just the same.
Subscribing to his course is the best investment I ever made. It is a difficult journey but once it begins to sink in you will become a top class trader. Thank you AL, I can finally think of quitting my job and trading full time all because of you.
Hi I want to purchase Brooks chart pattern. However am not a BTC member so I cant buy it
If you have his encyclopedia of chart pattern I wish to buy from you for a better price please reply me am from India
Al's course is the best value trading system I've ever come across
Al is a Jedi of the highest order !. Listen to what he says; there is a lot of applied knowledge that is real time knowledge for today's markets. Also this knowledge is wisdom for today's trader.
I will tell you how to become rich.close the door. Be fearful when others are greedy be greedy when others are fearful, my favorite quote at the moment
take some adderall. thats all it takes. just make sure you spend the time trading and not jacking off to porn for 8hrs. edging the entire time finding the perfect video to bust. sure after hrs of edging. its gonna feel amazing when you bust... but the Adderall is for making money not busting loads." - Warren Buffett
Al Brooks is my trading God, he protect me so I won’t die
Dr Brooks is a treasured source of incredible price action information for traders at every level.
That's very true.
Al Brooks got you a subscriber. Thanks for having him on. He’s a legend
Valuation of these insights are millions.
I’m very glad you liked it! Means a lot!
I followed Al's course, bought his Encyclopedia and I also try to be in the Trading Room when I can (it is $99 a month, if I have a busy month, I skip it). He is a very, very likeable man, as you can see in this video as well. I think he affected my trading the most. Learned a real lot from it/him.
Have you profited from his educational material?
@@rombusworkmoney22 More like any other course (especially: how to know when a trend is strong, so when you should expect continuation and NOT expect a strengthy reversal). Because it is a lengthy course and Al repeats important stuff, it sticks. Example; “big up, big down, means confusion, so probably trading range” or “strong breakout so first reversal probably minor” come back over and over.
@@RaymoGerrits Thank you! I will take a look at his course.
Mr Brooks is just amazing really! The best Price action teacher for sure ! I am so glad I can have the chance to learn from him. All the best
The last 5 minutes was the best. Great interview.
16:16
Yes.
If you enter late or plan to scale in you only have to be "partially correct" (and adjusting your position as you go) if using a big stop loss. All you need is for price to not reverse and turn bearish too quickly.
The area from your worst entry to your stop loss is a kind of trading range, then. Your own personal scalping area for that particular position.
Scalping your way to smaller partial wins or break even when what you thought was a bullish trend starts ranging or slowly reversing and you were "wrong" about the first entry.
Al is a gift. I wish I could personally thank him. A wonderful human being. Thank you Al
Thanks to AI
Yes he is now on Instagram
I texted him personally but he is late in responding
Solid information. Just ordered one his books 📖📈
Please don't cut video when Al is talking. All of his words are valuable for us. Thanks🌸
So much Gold and Wisdom from Al! The 50% retracement was a lightbulb moment for me. Thank you Etienne for all the great content!
Al Brooks is the man.
great advice from a legend in trading respect always
On of Legendary price Action Trader.
My role model Al Brooks..
Thank you
MUY BUENA ENTREVISTA!!! No mostró ningún gráfico, y aún así me quedé aprendiendo de este hombre. Saludos desde Argentina.
Great interview thx
Everytime I study Al's material, I am always awed by his knowledge, his perception and the way he makes it all more approachable and clinical. Not easy at first, but no wonders he's a great trader, and yes, I don't need to see his actual earnings, Al's material is simply too accurate and in depth to be made up rubbish.
💯
This interview is 🥇
thank you so much for this interview.
Great video. Would love to see more of Al Brooks on your channel if possible, he's a legend. And if you are reading this Al, know that we are cheering for you :)
Thank you! I’ll see what we can do!
Agree, Bjorn. He is a "black belt" trader and teacher. Glad that I discovered Al Brooks.
Great video 👌
Now thus trading,briefly made easy. Thank you sir.
Glad you liked the interview!
Best scalper in world - AL Brooks ...👍👌
Al you just put me on!!! The light 💡 just started shining bright in my head and I got chills all over😃. I hope 🤞 he reads the comments from the videos his on. Thanks 🙏 for having him on E!
Always my pleasure, Sarah!
Love this channel! Awesome and so helpful videos
I'm glad to hear! Always my pleasure!
Nice
interview, U did ask good questions
Glad you liked it!
Thank you!
Mr Brooks is so absolutely the price action GOAT!!! 😁👌💯
You make a good point. But many lack the time to focus on the markets full time. So AI trading or using Expert Advisors can help exploit your edge at least.
5:19 we are going way deeper than people think.... goat.
Great words on A.I.
the king of kings
10 months later Al’s view on the market was dead on
Price action 🐐🐐🐐
Can you do weekly/monthly chats with al brooks, love to see that
Weekly might be too repetitive...but I'll see what I can do!
wow al
Very smart man.
Indeed!
Brooks GOD of trading!!! I'm losing a lot of money trading price action, but it is because I'm too emotional and I'm not able to do what Brooks teachs. I hope I could manage may emotion in the near future and trade only price action and not FOMO. Thanks Brooks.
Stop trading live until you can trade your strategy on sim successfully. I’m sure you’ve heard that before.
Heäs simply million million miles ahead of anyone in this space.
love you Al
It's unfortunate that he doesn't see the dangers of CBDCs. At least he didn't speak on it. (Central Bank Digital Currencies)
Bitcoin fixes this.
He did not mention differences between Proof of Work and Proof of Stake, either. Particularly relevant now in September of 2022 after the merge.
17:20 Priceless Wisdom
Hi, there are lots of non English people also watching this interview, so please talk little bit slow so that technician like me from India can able to understand and follow your videos.
What is a bull channel that Al talked about? 12:09
Never mind. I've found a video with Al talking about that.
Thank you Etienne for the quality content ; Al Brooks is very special
Totally agree! He is exceptional...I'm glad you liked the interview!
@14:36
He called it here spx is at 3800
AL THE JEDI MASTER
One of the best interviews ever!!!!
This is perfect, i'm reading his book as I watch this
Glad to hear that!
Al course is the best course I've had. If you follow exactly what he says, you will make a pretty serious amount of money !!!.
I found initially the books are hard to digest and fast abandoned reading. Later I got his training courses and spent three months went through the vidoes. Using the books as a reference after that I started to understand the books (and concepts) more. Now after using his methods trading for a year, I can wholeheartedly recommend Al to anybody. He is GEM!
@@vwychow790 yeah i agree. I am saving up for his course now. It is a difficult book. I am only up to chapter 5 and i have been reading his book for a month.
@@bazman7255 I would say register and study his video course is the essential first step. Later use a demo account to observe his ideas for a short period. But the most important (and daring) next step is to trade with a small account for a few months. You will not have the urgency to revisit his ideas unless you are trading with your own hard-earned money!
love the price action talk, but crypto having no value makes me feel like he might be outdated
I wish people would take the time to understand crypto and the tech behind it, before discussing it with strong opinions.
AL against AI
I personally love Al's work.
Me too! 🙌
Great to see Al again! :)
Al is hyper aggressive, when I first starting getting into his material, I was like who trades likes this, well if you want to make money you trade like this, waiting for confirmation an all this and that, you cant be waiting for all that, buy the close bull, sell the close bears, stops limits in out, get into the rhythm
for gods sake, these crypto comments are so ignorant, i dont even know where to start ... "government will cefi defi because criminals" how can people think things like this?! though honestly its good news to hear people talk like this, to hear someone who ostensibly is able to think, to so completely fail to see the new technology means one thing: we are early.
Vry difficult to understand, not a native speaker, very poor sound (and image, but it is not a pbm) quality.
I have been studying Al's trading course and it is great! I really appreciate Al's matter of fact style and attitude when sharing price action trading wisdom and methods with us! Thanks for putting out this type of content Etienne!
Two Legends coming together for the greater good
Thanks men!!
I bought his video course. I found it ok and very slow tempo its hard to stay focused through out or not fall asleep
I have his course and books and the material is knowledge packed but it's so much to learn. I've been learning from this channel ruclips.net/user/PATsTrading
The above channel focuses on 2nd entries and traps. Recently I've started going back to Al's material and now I have a much better understanding of it. Thomas wade is also a great RUclips channel.
I use Al's voice to go to sleep. But I have the course and I watch it 😁 over and over. Once I watched the whole thing on 2x.
True. He complicates things way too much in my opinion. Trading is simpler. Play at your key levels.
me2 ! I fell into sleep as least one to two times in 45 minute- video. Have to go back and watch the missing words again. Now I went thru these and speed up to 2x
Boy he was a profit long before the FTX meltdown.
Think I will pass this one. Price action bores me.
THANK YOU for bringing Al back! He's one of a kind and I'm grateful to call a mentor.
I think he's too intelligent for his own good.
When it comes to crypto.
His trading methods however are on pizzity.
Exactly... been trading for 3 years after paying for two 5 figure trading courses in London...never made a penny..lost 30 grand for 3 years....One day my mate suggested there was an online course and to purchase it...it was only few hundred dollars. Studies for 24/7 for 8 months...It paid me for new 5 bed room home and a porche Carrera...It was the Al' brooks course...🙏
Thanks E and AI
Etienne, Al Brooks promotes scalping and adding to losers. They are both trading methods which have negative expectancy in long run and will make you lose money.
awesome interview.
I’m glad you liked it!
He is great in trading but doesn’t know much about cryptos unfortunately and should stay focused on trading
Great interview, very smart, experience technical trader. It's good that he is good at what he does, because his understanding of what crypto currency is, and it's purpose for its original creation is very misunderstood
His analysis at 14min is flawed because looking at only the 5min chart is like looking at one third of the picture. Need more than a 5min chart
You don't know about al brooks .he is god of price action even comfortable on 15 second bar
@@avidhillon3905 I trade off of the same time frames. You'll get a lot of false break outs just using the 5min to frame
more videos with Rande Howell..
Good idea! Will reach out to him again 🙌
Love u AL
Sir, slow down. You speak too quickly
Okay boomer you should not talk about Crypto if you still have argument from 2017 and you cannot even make the difference between all crypto and bitcoin.....Clearly Etienne at 11:45 had to change the subject quick back to price action when he realise the boomer was making a fool of himself!
I wanna see a crypto crash, will probably happen when governments will make the announcement, gonna be so epic !!! )))
When fashion celebrities start buying cryptos...
tragic take on crypto there. thankfully he’s not running the show
14:36 lol very true, reentering is a Mother%^&****!
I disagree with Brooks in the first 17 seconds on two points. First, price and volume with always work, regardless if everyone is using it, which will never happen. Second, If you are not systematic in your approach, profitability is purely by coincidence. Perhaps one day I will watch the remaining 47 minutes.
Guys AI is on Instagram now
How come no one knows about this
Al isn’t on Instagram… these are fake accounts.
Fraud
Why is that?